Crane NXT reports Q1 EPS 54c, consensus 51c

Reports Q1 revenue $330.3M, consensus $318.46M. Aaron W. Saak, Crane NXT’s (CXT) President and Chief Executive Officer, stated: “Our first quarter results were in line with our expectations as we completed the final equipment upgrades needed to prepare for the decade-long growth opportunity from the new U.S. banknote series. While the market remains dynamic, our businesses continue to demonstrate resilience, and we are well-positioned to mitigate the impact of tariffs through pricing, supply chain management and productivity initiatives driven by the Crane Business System.”